Race Horse Syndication Proving to be a Lucrative Option Considering Group 1 Winners!
Written on the 15 May 2017
Those who have taken the plunge into the cost-effective means to purchase a racehorse through syndication companies, is proving to be a lucrative investment for keen racegoers.
On Monday we delivered the story on the win by Redzel at the $700,000 Doomben 10,000. Redzel has been enjoying a successful career with 7 wins from 17 starts and with his first Group 1 win on Saturday, he has earned a cool $1,194,450.00 to date for his syndicated owners. This 4yo gelding has done extremely well in his current season with 4 wins and 2 placings out of 7 starts.
A couple of weeks ago Victorian syndicators did well when their horse Secret Agenda won a Group 1 title in Adelaide. This 4yo mare has had a similar record to Redzel who has enjoyed 6 wins from 17 starts, bringing home a nice $1,255,900.00 for this team of syndicated owners. Redzel and Secret Agenda were both purchased for $120,000.00 which is a generous return on investment.
In March we saw syndicators thrilled with a Group 1 win when She Will Reign claimed the Longines Golden Slipper. She Will Reign is enjoying a stellar career in her first season as a 2 year old. With 4 wins from 5 starts including a win in a Group 2 and a second placing in Group 2, syndicators have done well with this mare who was purchased for a song at $20,000 and has earned to date $2,555,150.00.
Racehorse syndication is proving to be very popular among the every-day person who loves the thrill of thundering hooves and heart's racing when they see their horse nearing the finish line. And why not when Group 1 winners such as Redzel, Secret Agenda and She Will Reign, are leading the field for syndicators.